Data Extraction Software: The Complete Guide
What if you could automatically pull market data from multiple sources while you sleep? Most traders still manually copy-paste data from PDFs, spreadshe...
What if you could automatically pull market data from multiple sources while you sleep? Most traders still manually copy-paste data from PDFs, spreadsheets, and websites, wasting hours each week on tasks that could be automated. According to a recent survey by NewVantage Partners, 80% of enterprise data remains unstructured and unused—meaning you're likely missing out on critical market insights that could improve your trading decisions. Data extraction software is the solution that transforms raw, unstructured market data into actionable insights. It's the essential first step in turning scattered market information into a unified, analysis-ready format for your trading strategies. Without reliable data extraction, your trading algorithms and analysis tools lack the quality data they need to perform effectively. Key fact: 80% of enterprise data remains unstructured, buried in formats like PDFs, emails, scanned images, and legacy documents, creating a major roadblock to efficient data utilization. (Source: NewVantage Partners) Data extraction is the process of retrieving information from various sources and converting it into a structured, usable format for analysis.